Planning To Save Tax In 2019?

It is the time of the year when investment proofs, insurance premium receipts and other documents related to investments have to be submitted for tax deductions under Section 80CC. Out of the various options that we have, to claim rebate under 80CC, the best instrument over the years have been the Equity Linked Savings Scheme (ELSS) of mutual funds. ELSS are investments instruments available in the equity market via the mutual fund route with  tax-saving benefit. Every asset management company has these schemes but with some subtle differences such as variations in objectives and compositions in them. For example, some funds maybe predominantly invested in large caps, making them less aggressive than the ones  invested in mid or small caps. On the face of it, various ELSS may seem similar but their portfolio management style and composition is something that sets them...